Authorization of Actions to Be Taken by the Trustee. Under the Security Documents.
(a) Subject to the provisions of Section 7.01 and 7.02 and the Intercreditor Agreement, the Trustee may, in its sole discretion and without the consent of the Holders, direct, on behalf of the Holders, the Collateral Agent to take all actions it deems necessary or appropriate in order to:
(1) enforce any of the terms of the Security Documents; and
(2) collect and receive any and all amounts payable in respect of the Obligations of the Company hereunder.
(b) Subject to the terms of the Intercreditor Agreement, the Trustee shall have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Security Documents or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders or of the Trustee).
Authorization of Actions to Be Taken by the Trustee. Upon reasonable request of the Trustee, but without any affirmative duty on the Trustee to do so, the Issuer and Guarantors shall execute and deliver such further instruments and do such further acts as may be reasonably necessary to carry out more effectively the purposes of this Indenture. Subject to the provisions of Section 7.01 and 7.02 and the terms of the Collateral Documents and the Intercreditor Agreement (including any consent of the Holders required thereunder), the Trustee may, in its sole discretion, direct, on behalf of the Holders of Notes, the Security Agent to take all actions it deems necessary or appropriate in order to:
(i) enforce any of the terms of the Collateral Documents or the Intercreditor Agreement; and
(ii) collect and receive any and all amounts payable in respect of the Obligations of the Issuer or any Guarantor hereunder. Subject to the provisions hereof, the Collateral Documents, the Intercreditor Agreement and any Additional Intercreditor Agreement, the Trustee and/or the Security Agent will have power to but shall not be required to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Collateral Documents, the Intercreditor Agreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of Notes in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of Notes or of the Trustee and/or the Security Agent).
Authorization of Actions to Be Taken by the Trustee. (a) The Trustee may take all actions it deems necessary or appropriate in order to enforce or exercise its rights under each Series Supplement in accordance with and subject to the provisions thereof and hereof. Subject to the provisions thereof and hereof, the Trustee shall have power to institute and to maintain suits and proceedings to prevent any impairment of the related Series Trust Estate by any acts which may be unlawful or in violation of the related Series Supplement or this Master Agreement, and suits and proceedings to preserve or protect its interests and the interests of the Holders of the related Notes in the related Series Trust Estate (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interests of such Holders or of the Trustee).
(b) The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the related Series Supplement and to make further distributions of such funds to the Holders of the related Notes according to the provisions of such Series Supplement.
Authorization of Actions to Be Taken by the Trustee. Subject to the provisions of the Pledge Documents, the Trustee shall have power to institute and to maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of the Pledge Documents, or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or governmental enactment, rule, or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interest of the Trustee).
Authorization of Actions to Be Taken by the Trustee. Subject to the provisions of Section 7.1 and Section 7.2 of this Indenture and the terms of the Security Documents and the Intercreditor Agreement (including any consent of the Holders required thereunder), the Trustee may, in its sole discretion, direct, on behalf of the Holders of Securities, the Collateral Trustee to take all actions it deems necessary or appropriate in order to:
(a) enforce any of the terms of the Security Documents and the Intercreditor Agreement; and
(b) collect and receive any and all amounts payable in respect of the Obligations of the Company or any Subsidiary Guarantor hereunder. Subject to Section 7.1 and Section 7.2, the Trustee will have power to institute and maintain such suits and proceedings as it may deem expedient to prevent any impairment of the Collateral by any acts that may be unlawful or in violation of the Security Documents, the Intercreditor Agreement or this Indenture, and such suits and proceedings as the Trustee may deem expedient to preserve or protect its interests and the interests of the Holders of Securities in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security interest hereunder or be prejudicial to the interests of the Holders of the Securities or of the Trustee).
Authorization of Actions to Be Taken by the Trustee. Following an Event of Default, subject to the provisions of Section 701 and Section 703 and the terms of the Security Documents and the Intercreditor Agreement (including any consent of the Holders required thereunder), the Trustee may, in its sole discretion, direct, on behalf of the Holders of Notes, the Collateral Agent to take all actions it deems necessary or appropriate in order to:
Authorization of Actions to Be Taken by the Trustee or the Collateral Agent Under the Related Security Documents 116
Authorization of Actions to Be Taken by the Trustee. Under the ------------ ------------------------------------------------------------- Security Documents. ------------------- Subject to the terms of the Intercreditor Agreement, the Trustee may, in its sole discretion and without the consent of the Holders, on behalf of the Holders, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Security Documents and (b) collect and receive any and all amounts payable in respect of the Obligations of the Issuers and the Guarantors hereunder and under the Notes, the Security Documents and the Registration Rights
Authorization of Actions to Be Taken by the Trustee. UNDER THE PLEDGE AGREEMENT. Subject to the provisions of Section 7.01 and 7.02 of the Indenture, the Trustee may, in its sole discretion and without the consent of the Holders of Notes, on behalf of the Holders of Notes, take all actions it deems necessary or appropriate in order to (a) enforce any of the terms of the Pledge Agreement and (b) collect and receive any and all amounts payable in respect of the Obligations of the Issuers hereunder, including but not limited to the appointment and approval of collateral
Authorization of Actions to Be Taken by the Trustee. (a) Subject to the rights of the Secured Parties under the Security Agreement, the Trustee may take all actions it deems necessary or appropriate in order to enforce or exercise its rights under the Security Agreement in accordance with and subject to the provisions thereof. Such actions shall include, but not be limited to, advising, instructing or otherwise directing the Collateral Agent in connection with enforcing or effecting any term or provision of the Security Agreement. Subject to the provisions thereof, the Trustee shall have power to institute and to maintain suits and proceedings to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of the Security Agreement or this Indenture, and suits and proceedings to preserve or protect its interests and the interests of the Holders in the Collateral (including power to institute and maintain suits or proceedings to restrain the enforcement of or compliance with any legislative or other governmental enactment, rule or order that may be unconstitutional or otherwise invalid if the enforcement of, or compliance with, such enactment, rule or order would impair the security hereunder or be prejudicial to the interests of the Holders or of the Trustee).
(b) The Trustee is authorized to receive any funds for the benefit of the Holders distributed under the Servicing Agreement or the Security Agreement and to make further distributions of such funds to the Holders according to the provisions of this Indenture.
